Makita Shared Savings Plan — Form 5500 plan (Makita Usa, Inc.)
Plain-English plan summary
According to public Form 5500 filings published through the U.S. Department of Labor (DOL) Employee Benefits Security Administration (EBSA) via the EFAST2 system, Makita Shared Savings Plan is a benefit plan reported by Makita Usa, Inc. under EIN 13-2672211 and plan number 002. The latest loaded filing year is 2023. The filing reports 1,227 participants and $92,837,913 in end-of-year plan assets, where available in the loaded dataset.
Key reported metrics
- Plan sponsor
- Makita Usa, Inc.
- EIN
- 13-2672211
- Plan number
- 002
- Plan type
- 2
- Location
- La Mirada, CA
- Latest filing year
- 2023
- Participants
- 1,227
- End-of-year plan assets
- $92,837,913
Form 5500 filing history
| Filing year | Participants | Schedules | Filing |
|---|---|---|---|
| 2023 | 1,227 | H, C | 20241002172741NAL0004262467001 |
Reported financial statement (2023 · Schedule H)
Net assets
- Total assets (EOY)
- $92,837,913
- Total liabilities (EOY)
- $0
- Net assets (EOY)
- $92,837,913
- Net assets (BOY)
- $82,245,638
Income & contributions
- Employer contributions
- $2,077,037
- Participant contributions
- $4,448,069
- Total contributions
- $6,889,662
- Total income / additions
- $20,302,425
Expenses & distributions
- Benefits paid
- $9,632,669
- Administrative expenses
- $21,499
- Total expenses
- $9,710,150
- Net increase / (decrease)
- $10,592,275
Service provider compensation (Schedule C)
| Provider | Service | Direct comp. | Indirect comp. | Year |
|---|---|---|---|---|
| Marcum Llp | NONE | $24,720 | not reported in the loaded dataset | 2023 |
| Global Retirement Partners, LLC | NONE | $13,750 | not reported in the loaded dataset | 2023 |
| Grp Financial | NONE | $13,750 | not reported in the loaded dataset | 2023 |
| T Rowe Price Rps Inc | NONE | $9,102 | $0 | 2023 |
Related Form 5500 pages
- All Form 5500 plans for Makita Usa, Inc.
- 2023 Form 5500 filing
- Form 5500 filings in CA
- 401(k) and benefit plan filings in La Mirada, CA
- Marcum Llp — Schedule C compensation
- Global Retirement Partners, LLC — Schedule C compensation
- Grp Financial — Schedule C compensation
- T Rowe Price Rps Inc — Schedule C compensation